DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

T2 Asset Management, LLC

Independent wealth managerNaperville, IllinoisCRD 167714SEC 801-112202website IAPD

Latest filing Mar 2, 2026

First filing on the tape Nov 20, 2017 · 28 filings

SEC status approved since Dec 18, 2017

RAUM

$180M

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

100%

$180M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$20.0M

derived; firm RAUM over IAPD count

Employees

8 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

28 filings and snapshots on the tape

RAUM$180M as of Mar 2, 2026

Mar 29, 2018$141M then

HNW client RAUM$40.0M as of Mar 2, 2026

Mar 29, 2018$103M then

State-registered IARs (5.B.3)8 as of Mar 2, 2026

Mar 29, 20188 then

Employees (5.A)8 as of Mar 2, 2026

Mar 29, 201810 then

Private funds: no history

RAUM +9.1% over the last fiscal year+15% a year over threeIARs 8 to 8

Practice profile

derived from the filing of Mar 2, 2026; every figure names its basis

Archetypes, each a printed rule

Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM

RAUM per advisor: $20.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 62derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $4.0MderivedHNW RAUM over HNW clients
Average account: $211,765derivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 0.9derivedItem 5.A over advisors
Advisors per office: 4.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year: +9.1%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: -18%derived
Compensation: percentage of assets, hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities: financial planning, portfolio management for individualsreportedItem 5.G
Ownership: no PE, bank or public-company owner found on Schedule Aderived
Advisor book size: not public; not estimatedreported

Also answered yes on Form ADV

is an insurance broker or agent (6.A.6)
buys or sells securities as principal to or from clients (8.A.2)
has discretionary authority over which securities are bought or sold (8.C.1)

Where the RAUM sits

Form ADV Item 5.D, latest filing

Individuals$140M78%
High-net-worth individuals$40.0M22%

Individual clients: 550reported
HNW clients: 10reported
Pension plan clients: 0reported
Charitable clients: 0reported
Accounts: 850reported
Financial planning clients: 26-50reported
Wrap fee programs: noreported
Custody of client assets: noreported
Compensation: % of AUM, fixed, hourly, commissionsreported
Class basis: private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0derived

Advisors registered through the firm

9 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Kenneth Steven TomkoChartered Financial Analyst	Naperville, Il	May 31, 2013	16 y	3
Jonathan R Helton	Coronado, Ca	Oct 25, 2013	18 y	1
James Richard OswaldChartered Financial Analyst	Naperville, Il	Feb 27, 2015	11 y	1
Paul Edward Novak	Naperville, Il	Mar 11, 2015	20 y	1
Daniel Patrick Kuczero	Naperville, Il	May 5, 2015	20 y	3
David Christopher HeinleCertified Financial Planner	Naperville, Il	Mar 15, 2016	35 y	0
Vincent Rico Cione	Naperville, Il	Jan 6, 2017	24 y	3
Joseph Shane Contorno	Naperville, Il	Jan 2, 2018	25 y	6
Zachary Smith	Oak Brook, Il	May 22, 2026	24 y	0

Advisor movement

0 left, 0 joined in 12 months

net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months

Left, latest

Dragan Timotic to Cerity Partners LLC
Mar 3, 2022 · RIA to RIA
William Blair Hammond to Private Advisor Group, LLC
Sep 30, 2020 · RIA to affiliated broker-dealer or bank
Gregory S. Farber to J.P. Morgan Securities LLC
Oct 9, 2018 · RIA to wirehouse

Joined, latest

Joseph Shane Contorno from Highpoint Advisor Group, LLC
Jan 2, 2018 · Other
Gregory S. Farber from Calamos Wealth Management LLC
Nov 7, 2017 · Other
Vincent Rico Cione from Wintrust Investments
Jan 6, 2017 · Other
William Blair Hammond from Woodbury Financial Services, Inc.
Apr 6, 2016 · Other
Daniel Patrick Kuczero from Spc
May 5, 2015 · Other
Paul Edward Novak from Waddell & Reed
Mar 11, 2015 · Other
Jonathan R Helton from Merrill Lynch, Pierce, Fenner & Smith Incorporated
Oct 25, 2013 · Wirehouse to independent RIA
Kenneth Steven Tomko from Merrill Lynch, Pierce, Fenner & Smith Incorporated
May 31, 2013 · Wirehouse to independent RIA

Every departure Every arrival

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Steven Kenneth Tomko · Principal And Chief Compliance Officer.control
since 06/2013 · owns 75% or more
Edward Paul Novak · Member
since 03/2019 · owns 5% to 10%

Related persons

Schedule D 7.A

No related person reported.

Advisers that list T2 Asset Management, LLC as a related person

291990 n

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Naperville, Il · principal	9	1	0

Offices

Schedule D 1.F, the 25 largest

Indianapolis, IN1 employees
, 1 employees

ADV anomalies

1 against comparable advisers; where to look, not conclusions

HNW share shiftChange between filings · filing Mar 2, 2026
HNW share of RAUM moved from 45.0% to 22.0% between the annual amendments of 2025-03-06 and 2026-03-02
peers: independent wealth managers, $100M to $500M (5,676)

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 830 to 850
Mar 6, 2025 to Mar 2, 2026
Advisory employees · 7 to 8
Mar 6, 2025 to Mar 2, 2026
HNW clients · 50 to 10
Mar 6, 2025 to Mar 2, 2026
Individual clients · 635 to 550
Mar 6, 2025 to Mar 2, 2026
Assets in custody · $10.6M to $90,000
Mar 6, 2025 to Mar 2, 2026
Discretionary RAUM · $165M to $180M
Mar 6, 2025 to Mar 2, 2026
HNW RAUM · $75.0M to $40.0M
Mar 6, 2025 to Mar 2, 2026
Individual RAUM · $90.0M to $140M
Mar 6, 2025 to Mar 2, 2026
RAUM · $165M to $180M
Mar 6, 2025 to Mar 2, 2026
Accounts · 573 to 830
Dec 23, 2024 to Mar 6, 2025
HNW clients · 25 to 50
Dec 23, 2024 to Mar 6, 2025
Individual clients · 548 to 635
Dec 23, 2024 to Mar 6, 2025
Assets in custody · $0 to $10.6M
Dec 23, 2024 to Mar 6, 2025
Financial planning clients · 26-50 to 26-50
Dec 23, 2024 to Mar 6, 2025
State-registered IARs · 5 to 8
Dec 23, 2024 to Mar 6, 2025
Other offices · 2 to 1
Dec 23, 2024 to Mar 6, 2025
Discretionary RAUM · $140M to $165M
Dec 23, 2024 to Mar 6, 2025
HNW RAUM · $30.0M to $75.0M
Dec 23, 2024 to Mar 6, 2025
Individual RAUM · $110M to $90.0M
Dec 23, 2024 to Mar 6, 2025
RAUM · $140M to $165M
Dec 23, 2024 to Mar 6, 2025
HQ city · OAKBROOK TERRACE to NAPERVILLE
Mar 19, 2024 to Mar 22, 2024
Accounts · 802 to 573
Nov 7, 2023 to Mar 19, 2024
Advisory employees · 8 to 7
Nov 7, 2023 to Mar 19, 2024
HNW clients · 10 to 25
Nov 7, 2023 to Mar 19, 2024
Individual clients · 550 to 548
Nov 7, 2023 to Mar 19, 2024
Assets in custody · $5.0M to $0
Nov 7, 2023 to Mar 19, 2024
Custody of client assets · true to false
Nov 7, 2023 to Mar 19, 2024
Employees · 9 to 8
Nov 7, 2023 to Mar 19, 2024
Insurance-licensed employees · 1 to 0
Nov 7, 2023 to Mar 19, 2024
State-registered IARs · 8 to 5
Nov 7, 2023 to Mar 19, 2024
Discretionary RAUM · $118M to $140M
Nov 7, 2023 to Mar 19, 2024
HNW RAUM · $28.0M to $30.0M
Nov 7, 2023 to Mar 19, 2024
Individual RAUM · $90.0M to $110M
Nov 7, 2023 to Mar 19, 2024
RAUM · $118M to $140M
Nov 7, 2023 to Mar 19, 2024
Related adviser · true to false
Mar 28, 2023 to Sep 13, 2023
Commission compensation · false to true
Feb 22, 2023 to Mar 28, 2023
Accounts · 850 to 802
Mar 30, 2022 to Feb 22, 2023
HNW clients · 30 to 10
Mar 30, 2022 to Feb 22, 2023
Individual clients · 720 to 550
Mar 30, 2022 to Feb 22, 2023
Financial planning clients · 11-25 to 26-50
Mar 30, 2022 to Feb 22, 2023

Signals

3 dated events

Dragan Timotic left T2 Asset Management, Llc for Cerity Partners Llc (registered 2022-03-04)
Mar 3, 2022 · Advisor changed firm · fact
Dragan Timotic (Principal) no longer on Schedule A of T2 Asset Management, Llc (listed 2022-01-05, absent 2022-03-03)
Mar 3, 2022 · Control person left · inference
T2 Asset Management, Llc filed its initial SEC registration (Form ADV)
Nov 20, 2017 · First SEC registration · fact

Across DFX

shared identifiers only, never a name match

No identifier-backed link to the venture, private equity, family office or sponsor graphs.

How to reach

public business contact points only, each with its source

Business phone: 630-376-6886reportedpublished by the firm, firm site, Sep 16, 2026
Business phone: 630-394-5072reportedpublished by the firm, firm site, Sep 16, 2026
Business phone: 888-354-8499reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile: LINKEDIN.COM/COMPANY/T2-ASSET-MANAGEMENT-LLCreportedpublic record, Form ADV, Sep 17, 2026
Website: T2ASSETMGMT.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 888-354-8499reportedpublic record, Form ADV, Mar 2, 2026
Contact form: t2assetmgmt.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
Team page: t2assetmgmt.com/our-teamreportedpublished by the firm, firm site, Sep 16, 2026

Provenance

Form ADV: SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors: IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class: Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor: $20.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026